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How to compute jcb income in itr

This query is : Resolved 
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(Querist)
03 January 2015 Sir can u tell me how to calculate JCB income is it treated as Heavy vehicle or Presumptive Income
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Amol S Joglekar

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Amol S Joglekar (Expert)
03 January 2015 the expression "goods carriage" shall have the meaning assigned to it in section 2 of the Motor Vehicles Act, 1988 (59 of 1988);

"goods carriage" means any motor vehicle constructed or adapted for use solely for the
carriage of goods, or any motor vehicle not so constructed or adapted when used for the
carriage of goods;

go by 7500
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Rupesh Jain

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Rupesh Jain (Expert)
03 January 2015 you can use if vehicle carry the goods otherwise you have to maintain the books.
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